Centre targeting political opponents: Mulayam

LUCKNOW: Samajwadi Party supremo Mulayam Singh Yadav today alleged the Congress-led UPA government is more interested in "targeting" its political opponents instead of working for the poor people.

"The Centre is trying to threaten in the name of inquiries. The ruling Congress party did not think in the interest of poor and ignores them," Yadav said while addressing party workers here.

Giving a strong message to partymen to end infighting, Yadav said that the names of the candidates declared for Lok Sabha polls would not be changed in any circumstance.

"The candidates declared for Lok Sabha will not be changed. If someone is unhappy with ticket distribution, I will explain them and let them understand," he said.

Yadav said that he would soon call a meeting of candidates to discuss future strategy, besides asking party workers to concentrate on their areas.

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After early start, worst of flu season may be over


NEW YORK (AP) — The worst of the flu season appears to be over.


The number of states reporting intense or widespread illnesses dropped again last week, and in a few states there was very little flu going around, U.S. health officials said Friday.


The season started earlier than normal, first in the Southeast and then spreading. But now, by some measures, flu activity has been ebbing for at least four weeks in much of the country. Flu and pneumonia deaths also dropped the last two weeks, the Centers for Disease Control and Prevention reported.


"It's likely that the worst of the current flu season is over," CDC spokesman Tom Skinner said.


But flu is hard to predict, he and others stressed, and there have been spikes late in the season in the past.


For now, states like Georgia and New York — where doctor's offices were jammed a few weeks ago — are reporting low flu activity. The hot spots are now the West Coast and the Southwest.


Among the places that have seen a drop: Lehigh Valley Hospital-Cedar Crest in Allentown, Pa., which put up a tent outside its emergency room last month to help deal with the steady stream of patients. There were about 100 patients each day back then. Now it's down to 25 and the hospital may pack up its tent next week, said Terry Burger, director of infection control and prevention for the hospital.


"There's no question that we're seeing a decline," she said.


In early December, CDC officials announced flu season had arrived, a month earlier than usual. They were worried, saying it had been nine years since a winter flu season started like this one. That was 2003-04 — one of the deadliest seasons in the past 35 years, with more than 48,000 deaths.


Like this year, the major flu strain was one that tends to make people sicker, especially the elderly, who are most vulnerable to flu and its complications


But back then, that year's flu vaccine wasn't made to protect against that bug, and fewer people got flu shots. The vaccine is reformulated almost every year, and the CDC has said this year's vaccine is a good match to the types that are circulating. A preliminary CDC study showed it is about 60 percent effective, which is close to the average.


So far, the season has been labeled moderately severe.


Like others, Lehigh Valley's Burger was cautious about making predictions. "I'm not certain we're completely out of the woods," with more wintry weather ahead and people likely to be packed indoors where flu can spread around, she said.


The government does not keep a running tally of flu-related deaths in adults, but has received reports of 59 deaths in children. The most — nine — were in Texas, where flu activity was still high last week. Roughly 100 children die in an average flu season, the CDC says


On average, about 24,000 Americans die each flu season, according to the CDC.


According to the CDC report, the number of states with intense activity is down to 19, from 24 the previous week, and flu is widespread in 38 states, down from 42.


Flu is now minimal in Florida, Kentucky, Maine, Montana, New Hampshire and South Carolina.


___


Online:


CDC: http://www.cdc.gov/flu/


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Blizzard Drops 2 Feet of Snow on Northeast













A behemoth storm packing hurricane-force wind gusts and blizzard conditions swept through the Northeast overnight, where more than 650,000 homes and businesses in the densely populated region lost power and New Englanders awoke Saturday to more than 2 feet of snow.



More than 34 inches of snow fell in Hamden in central Connecticut, and an 82-mph wind gust was recorded down the coastline in Westport. Areas of southeastern Massachusetts, Rhode Island and New Hampshire notched at least 2 feet — with more falling. Airlines scratched more than 5,300 flights through Saturday, and the three major airports serving New York City as well as Boston's Logan Airport closed.



Flooding was also a concern along the coast, and the possibility led to the evacuation of two neighborhoods in Quincy, Mass., said Fire Deputy Gary Smith.



All roads were ordered closed Saturday in Connecticut, where the storm made travel nearly impossible even for emergency responders who found themselves stuck on highways. In Maine, officials said numerous vehicles, including several state police cars, were also stuck in deep snow and warned stranded drivers to expect long waits for tow trucks or other assistance.



Even the U.S. Postal Service closed post offices and suspended mail delivery Saturday in New England.








Blizzard 2013: Boston Families Brace for Extreme Weather Watch Video








The wind-whipped snowstorm mercifully arrived at the start of a weekend, which meant fewer cars on the road and extra time for sanitation crews to clear the mess before commuters in the New York-to-Boston region of roughly 25 million people have to go back to work. But halfway through what had been a mild winter across the Northeast, it also could mean a weekend cooped up indoors.



A little more than 11 inches fell in New York City, where carpenter Kevin Byrne was using a scraper to dig out his car Saturday and was relieved the storm hadn't hit the city more strongly. He said he'd taken his shovel out of his car and left it at home.



"I wasn't prepared. ... But was anybody prepared? The last two winters have been so mild," he said. "I've been meaning to buy a salt spreader all winter long, but I just kept putting it off."



Nearly 22 inches of snow fell in Boston and up to 3 feet was expected, the National Weather Service said, threatening the city's 2003 record of 27.6 inches. In the heavily Catholic city, the archdiocese urged parishioners to be prudent and reminded them that, under church law, the requirement to attend Sunday Mass "does not apply when there is grave difficulty in fulfilling this obligation."



Early snowfall was blamed for a 19-car pileup Friday in Cumberland, Maine, that caused minor injuries. In New York, hundreds of cars got stuck on the Long Island Expressway on Friday, and dozens remained disabled early Saturday as police worked to free them.



About 650,000 customers in the Northeast lost power during the height of the snowstorm, most of them in Massachusetts and Rhode Island. The Pilgrim Nuclear Power Plant in Plymouth, Mass., lost electricity and shut down Friday night during the storm. Authorities say there's no threat to public safety.



At least four deaths were being blamed on the storm, three in Canada and one in New York. In southern Ontario, an 80-year-old woman collapsed while shoveling her driveway and two men were killed in car crashes. In New York, a 74-year-old man died after being struck by a car in Poughkeepsie; the driver said she lost control in the snowy conditions, police said.





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Tens of thousands mourn slain Tunisia opposition leader


TUNIS (Reuters) - Tens of thousands of Tunisians took to the streets amid scattered violence on Friday to mourn secular opposition leader Chokri Belaid, whose assassination has plunged Tunisia deeper into political crisis.


Braving chilly rain, at least 50,000 people turned out for Belaid's funeral in his home district of Jebel al-Jaloud in the capital, chanting anti-Islamist and anti-government slogans.


It was Tunisia's biggest funeral since the death of Habib Bourguiba, independence leader and first president, in 2000.


Tunisia, cradle of the Arab uprisings, is riven by tensions between dominant Islamists and their secular opponents, and by frustration at the lack of social and economic progress since President Zine al-Abidine Ben Ali was ousted in January 2011.


"The people want a new revolution," shouted mourners in Tunis, who also sang the national anthem.


Crowds surged around an open army truck carrying Belaid's coffin, draped in a red and white Tunisian flag, from a cultural center in Jebel al-Jaloud towards the leafy Jallaz cemetery, as a security forces helicopter flew overhead.


Police fired teargas and shots in the air to disperse youths who were smashing cars near the cemetery, forcing some mourners to run from the choking clouds. Police also used teargas against demonstrators outside the Interior Ministry.


"Belaid, rest in peace, we will continue the struggle," mourners chanted, holding portraits of the politician killed near his home on Wednesday by a gunman who fled on a motorcycle.


Some demonstrators denounced Rachid Ghannouchi, leader of the ruling Islamist Ennahda party. "Ghannouchi, assassin, criminal," they chanted. "Tunisia is free, terrorism out."


Police fired teargas to disperse anti-government protesters throwing stones and petrol bombs in the southern mining town of Gafsa, a stronghold of support for Belaid, witnesses said.


Crowds there had chanted "The people want the fall of the regime", a slogan first used against Ben Ali.


CRADLE OF REVOLT


In Sidi Bouzid, the southern town where the revolt against the ousted strongman began, about 10,000 marched to mourn Belaid and shout slogans against Ennahda and the government.


Banks, factories and some shops were closed in Tunis and other cities in response to a strike called by unions in protest at Belaid's killing, but buses were running normally.


Tunis Air suspended all its flights because of the strikes, a spokesman for the national airline said, adding that flights operated by other airlines were not affected.


However, airport sources in Cairo said Egypt's national airline EgyptAir had canceled two flights to Tunisia after staff at Tunis airport joined the general strike.


After Belaid's assassination, Prime Minister Hamdi Jebali, an Islamist, said he would dissolve the government and form a cabinet of technocrats to rule until elections could be held.


But his own Ennahda party and its secular coalition partners complained they had not been consulted, casting doubt over the status of the government and compounding political uncertainty.


No one has claimed responsibility for the killing of Belaid, a lawyer and secular opposition figure.


His family have blamed Ennahda but the party has denied any hand in the shooting. Crowds have attacked several Ennahda party offices in Tunis and other cities in the past two days.


"Hope still exist in Tunisia," Fatma Saidan, a noted Tunisian actor, told Reuters at Belaid's funeral. "We will continue to struggle against extremism and political violence."


She called for national unity, saying: "We are ready to accept Islamists, but they don't accept us."


SECULAR SYMBOL


While Belaid had only a modest political following, his criticism of Ennahda policies spoke for many Tunisians who fear religious radicals are bent on snuffing out freedoms won in the first of the revolts that rippled through the Arab world.


Secular groups have accused the Islamist-led government of a lax response to attacks by ultra-orthodox Salafi Islamists on cinemas, theatres and bars in recent months.


The economic effect of political uncertainty and street unrest could be serious in a country which has yet to draft a new constitution and which relies heavily on the tourist trade.


Mohamed Ali Toumi, president of the Tunisian Federation of Travel Agencies, described the week's events as a catastrophe that would have a negative impact on tourism, but he told the national news agency TAP no cancellations had been reported yet.


France, which had already announced the closure of its schools in Tunis on Friday and Saturday, urged its nationals to stay clear of potential flashpoints in the capital.


"Unless unavoidable, it is best to stay away from the city center today, and steer clear of demonstrations and major road crossings or sensitive buildings," said Helene Conway-Mouret, minister in charge of French people living abroad.


The Austrian foreign ministry issued a similar warning.


The cost of insuring Tunisian government bonds against default rose to its highest level in more than four years on Thursday and ratings agency Fitch said it could further downgrade Tunisia if political instability continues or worsens.


(For an interactive look at Tunisia please click on http://link.reuters.com/tub85t )


(Additional reporting by Alexander Dziadosz in Cairo, Brian Love in Paris and Michael Shields in Vienna; Editing by Andrew Heavens)



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54 SAF servicemen awarded Overseas Service Medal






SINGAPORE: Fifty-four servicemen from the Singapore Armed Forces (SAF) were awarded the Overseas Service Medal at Pasir Laba Camp on Friday.

The award was given in recognition of the servicemen's contributions to the SAF's overseas operations in Afghanistan and Timor-Leste.

Defence Minister Ng Eng Hen, who presented the medals, praised the men for demonstrating a high level of skill, professionalism and resilience while carrying out their duties.

Dr Ng said the servicemen helped establish the SAF's reputation as an operationally-ready, reliable and professional partner among the international community.

He added that SAF will be concluding its deployments in Afghanistan in June this year.

- CNA/al



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Narendra Modi told us 2002 riots were unfortunate: EU envoys

NEW DELHI: European Union, which has ended over a decade-old boycott of Gujarat chief minister Narendra Modi, has been told by him that the 2002 riots in the state were unfortunate.

Modi took the unusual step of driving to Germany embassy here to a luncheon meeting with envoys and representatives of several European Union member countries that was hosted by German ambassador Michael Steiner. The meeting remained undisclosed for one month till EU ambassador Joao Cravinho went public on Thursday.

Steiner told reporters on Friday that he had always maintained that Germany had no intention of interfering in Gujarat assembly elections and that it will take a "fresh look" after the election results.

"That is exactly what we were doing and part of it is to talk directly to chief minister Modi. India is a democracy. We respect democratic institutions. We respect election results in India and we have full trust in its judicial system. Because of this respect and trust, we are now in a new phase," the German ambassador said.

However, he refused to give further details of the meeting but other sources in the know said, during the January 7 meeting with EU delegation, Modi said he will abide by the judicial verdict and that these events were unfortunate.

Modi is also understood to have said that everything should be done to avoid such events.

Asked if the EU, which has boycotted Modi for over 10 years after the riots, was softening up, Cravinho said, "The accountability of what happened in 2002, I think is the matter that is of interest to Indians and is of interest for people around the world."

He said that in India, there is a certain amount of emotion attached to what happened in 2002.

"And it is a matter that we will follow with great interest ..." he said.

Referring to last year's verdict by a Gujarat court convicting BJP legislator Maya Kodnani and Bajrang Dal leader Babu Bajrangi along with 30 others for their role in the Naroda Patia riots, the ambassador said, Indian justice might be slow but delivers.

"Some months ago, there was end of one part of judicial process which shows that justice in India may be slow but it produces results. And that has helped to look towards closure of what everybody agrees is very very terrible set of events," he told a select group of journalists.

According to the sources, EU countries feel this is the right time to engage with Modi, who has been elected third time and has no judicial verdict against him. There is also a feeling among these countries that he is a player at the national level.

Last October, Britain, a member of the EU, had ended its decade-long boycott of Gujarat when its high commissioner to India James Bevan met Modi to mark a "cordial beginning" to fresh ties, with the two discussing opportunities for greater economic cooperation.

In the first engagement with Gujarat in 10 years after it snapped all ties with the state in the aftermath of the 2002 communal riots, the British high commissioner met Modi for about 50 minutes, discussing a range of issues, including climate change and investments.

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Southern diet, fried foods, may raise stroke risk


Deep-fried foods may be causing trouble in the Deep South. People whose diets are heavy on them and sugary drinks like sweet tea and soda were more likely to suffer a stroke, a new study finds.


It's the first big look at diet and strokes, and researchers say it might help explain why blacks in the Southeast — the nation's "stroke belt" — suffer more of them.


Blacks were five times more likely than whites to have the Southern dietary pattern linked with the highest stroke risk. And blacks and whites who live in the South were more likely to eat this way than people in other parts of the country were. Diet might explain as much as two-thirds of the excess stroke risk seen in blacks versus whites, researchers concluded.


"We're talking about fried foods, french fries, hamburgers, processed meats, hot dogs," bacon, ham, liver, gizzards and sugary drinks, said the study's leader, Suzanne Judd of the University of Alabama in Birmingham.


People who ate about six meals a week featuring these sorts of foods had a 41 percent higher stroke risk than people who ate that way about once a month, researchers found.


In contrast, people whose diets were high in fruits, vegetables, whole grains and fish had a 29 percent lower stroke risk.


"It's a very big difference," Judd said. "The message for people in the middle is there's a graded risk" — the likelihood of suffering a stroke rises in proportion to each Southern meal in a week.


Results were reported Thursday at an American Stroke Association conference in Honolulu.


The federally funded study was launched in 2002 to explore regional variations in stroke risks and reasons for them. More than 20,000 people 45 or older — half of them black — from all 48 mainland states filled out food surveys and were sorted into one of five diet styles:


Southern: Fried foods, processed meats (lunchmeat, jerky), red meat, eggs, sweet drinks and whole milk.


—Convenience: Mexican and Chinese food, pizza, pasta.


—Plant-based: Fruits, vegetables, juice, cereal, fish, poultry, yogurt, nuts and whole-grain bread.


—Sweets: Added fats, breads, chocolate, desserts, sweet breakfast foods.


—Alcohol: Beer, wine, liquor, green leafy vegetables, salad dressings, nuts and seeds, coffee.


"They're not mutually exclusive" — for example, hamburgers fall into both convenience and Southern diets, Judd said. Each person got a score for each diet, depending on how many meals leaned that way.


Over more than five years of follow-up, nearly 500 strokes occurred. Researchers saw clear patterns with the Southern and plant-based diets; the other three didn't seem to affect stroke risk.


There were 138 strokes among the 4,977 who ate the most Southern food, compared to 109 strokes among the 5,156 people eating the least of it.


There were 122 strokes among the 5,076 who ate the most plant-based meals, compared to 135 strokes among the 5,056 people who seldom ate that way.


The trends held up after researchers took into account other factors such as age, income, smoking, education, exercise and total calories consumed.


Fried foods tend to be eaten with lots of salt, which raises blood pressure — a known stroke risk factor, Judd said. And sweet drinks can contribute to diabetes, the disease that celebrity chef Paula Deen — the queen of Southern cuisine — revealed she had a year ago.


The National Institute of Neurological Disorders and Stroke, drugmaker Amgen Inc. and General Mills Inc. funded the study.


"This study does strongly suggest that food does have an influence and people should be trying to avoid these kinds of fatty foods and high sugar content," said an independent expert, Dr. Brian Silver, a Brown University neurologist and stroke center director at Rhode Island Hospital.


"I don't mean to sound like an ogre. I know when I'm in New Orleans I certainly enjoy the food there. But you don't have to make a regular habit of eating all this stuff."


___


Marilynn Marchione can be followed at http://twitter.com/MMarchioneAP


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Door-to-Door Search for Suspected Cop Killer













More than 100 police officers were going door-to-door and searching for new tracks in the snow in hopes of catching suspected cop-killer Christopher Dorner overnight in Big Bear Lake, Calif., before he strikes again, as laid out in his rambling online manifesto.


Police late Thursday night alerted the residents near Big Bear Lake that Dorner was still on the loose after finding his truck burning earlier in the day.


San Bernardino County Sheriff's spokeswoman Cindy Bachman said authorities can't say for certain that he's not in the area. More than half of the 400 homes in the area had been searched by police as of late Thursday. Police traveled in two-man teams.


Bachman urged people in the area not to answer the door, unless they know the person or see a law enforcement officer in uniform.


After discovering Dorner's burning truck near a Bear Mountain ski resort, police discovered tracks in the snow leading away from the vehicle. The truck has been taken to the San Bernardino County Sheriffs' crime lab.


Read More About Chris Dorner's Allegations Against the LAPD


Bachman would not comment on Dorner's motive for leaving the car or its contents, citing the ongoing investigation. Police are not aware of Dorner's having any ties to others in the area.










Chris Dorner: Ex-LA Cop Wanted in Killing Spree Watch Video









Los Angeles Manhunt: Ex-Cop Christopher Dorner Sought for Killing Spree Watch Video





She added that the search in the area would continue as long as the weather cooperates. About three choppers were being used overnight, but weather conditions were deteriorating, according to Bachman.


"He could be anywhere at this point," said San Bernardino County Sheriff John McMahon, who is expected to address the media later this morning.


Dorner, 33, a former Los Angeles police officer and Navy reservist, is suspected of killing one police officer and injured two others Thursday morning in Riverside, Calif. He was also accused of killing two civilians Sunday. And he allegedly released an angry "manifesto" airing grievances against police and warning of coming violence toward cops.


In the manifesto Dorner published online, he threatened at least 12 people by name, along with their families.
"Your lack of ethics and conspiring to wrong a just individual are over. Suppressing the truth will leave to deadly consequences for you and your family," Dorner wrote in his manifesto.


One passage from the manifesto read, "I will bring unconventional and asymmetrical warfare to those in LAPD uniform whether on or off duty."


"I never had the opportunity to have a family of my own," it read. "I'm terminating yours."


Hours after the extensive manhunt dragged police to Big Bear Lake, CNN's Anderson Cooper said Dorner had sent him a package at his New York office that arrived Feb. 1, although Cooper said he never knew about the package until Thursday. It contained a DVD of court testimony, with a Post-It note signed by Dorner claiming, "I never lied! Here is my vindication."


PHOTOS: Former LAPD Officer Suspected in Shootings


It also contained a keepsake coin bearing the name of former Los Angeles Police Chief William J. Bratton that came wrapped in duct tape, Cooper said. The duct tape bore the note, "Thanks, but no thanks Will Bratton."


Bratton told Cooper on his program, "Anderson Cooper 360," that he believed he gave Dorner the coin as he was headed overseas for the Navy, Bratton's practice when officers got deployed abroad. Though a picture has surfaced of Bratton, in uniform, and Dorner, in fatigues, shaking hands, Bratton told Cooper he didn't recall Dorner or the meeting.






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Khamenei rebuffs U.S. offer of direct talks


DUBAI (Reuters) - Iran's highest authority, Ayatollah Ali Khamenei, on Thursday slapped down an offer of direct talks made by U.S. Vice President Joe Biden this week, saying they would not solve the problem between them.


"Some naive people like the idea of negotiating with America, however, negotiations will not solve the problem," Khamenei said in a speech to officials and members of Iran's air force carried on his official website.


"If some people want American rule to be established again in Iran, the nation will rise up to face them," he said.


"American policy in the Middle East has been destroyed and Americans now need to play a new card. That card is dragging Iran into negotiations."


Khamenei made his comments just days after Joe Biden said the United States was prepared to meet bilaterally with the Iranian leadership. "That offer stands but it must be real and tangible," Biden said in a speech in Munich.


With traditional fiery rhetoric, Khamenei lambasted Biden's offer, saying that since the 1979 revolution the United States had gravely insulted Iran and continued to do so with its threat of military action.


"You take up arms against the nation of Iran and say: 'negotiate or we fire'. But you should know that pressure and negotiations are not compatible and our nation will not be intimidated by these actions," he added.


Relations between Iran and the United States were severed in 1979 after the overthrow of Iran's pro-western monarchy and diplomatic meetings between officials have since been very rare.


ALL OPTIONS STILL "ON THE TABLE"


Currently U.S.-Iran contact is limited to talks between Tehran and a so-called P5+1 group of powers on Iran's disputed nuclear program which are to resume on February 26 in Kazakhstan.


Israel's Deputy Prime Minister Dan Meridor said he was skeptical the negotiations in Almaty could yield a result, telling Israel Radio that the United States needed to demonstrate to Iran that "all options were still on the table".


Israel, widely recognized to be the only nuclear power in the Middle East, has warned it could mount a pre-emptive strike on Iranian atomic sites. Israel sees its existence as directly threatened by the prospect of an nuclear-armed Iran, given Tehran's refusal to recognize the existence of the Jewish state.


"The final option, this is the phrasing we have used, should remain in place and be serious," said Meridor.


"The fact that the Iranians have not yet come down from the path they are on means that talks ...are liable to bring about only a stalling for time," he said.


Iran maintains its nuclear program is entirely peaceful but Western powers are concerned it is intent on developing a weapons program.


Many believe a deal on settling the nuclear issue is impossible without a U.S.-Iranian thaw. But any rapprochement would require direct talks addressing many sources of mutual mistrust that have lingered since Iran's 1979 Islamic Revolution and the subsequent U.S. embassy hostage crisis in Tehran.


Moreover, although his re-election last November may give President Barack Obama a freer hand to pursue direct negotiations, analysts say Iran's own presidential election in June may prove an additional obstacle to progress being made.


(Additional reporting by Dan Williams; Editing by William Maclean and Jon Boyle)



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Bank of England holds record-low rates despite recession threat






LONDON - The Bank of England voted on Thursday to freeze its key interest rate at a record low 0.50 per cent and maintain the level of its quantitative easing cash stimulus, despite the threat of a triple-dip recession in Britain.

The central bank said in an unexpectedly long statement that its Monetary Policy Committee (MPC) had voted to maintain its emergency QE stimulus at £375 billion ($589 billion, 434 billion euros).

The BoE added that overall economic activity in Britain had been "broadly flat" over the past year, despite worries that the economy could be heading for the third recession in five years.

The stimulus has been used to try and help boost economic output, which unexpectedly shrank by 0.3 per cent in the final quarter of 2012. However, the economy flatlined over the entire year with zero growth.

Across in Frankfurt, the European Central Bank also opted to maintain its main interest rate at a record-low level of 0.75 per cent, amid ongoing debt strains in the crisis-hit eurozone.

"Over the past year, there has been considerable volatility in quarterly output growth," the Bank of England said in Thursday's statement.

"Looking through the influence of temporary factors, overall output appears to have been broadly flat. In large part that reflects sharp falls in particular sectors of the economy that are unlikely to be repeated in 2013.

"In contrast, the combined output of the manufacturing and services sectors has grown modestly. Business surveys suggest the pace of expansion is likely to remain muted in the near term," the BoE added.

The central bank said 12-month inflation would rise further in the near-term and could remain above its 2.0-per cent target for the next two years. However, it was then forecast to return to "around" the target as price pressures fade.

Policymakers also mulled withdrawing QE stimulus, in order to pull inflation lower, but decided that it would risk endangering any recovery. QE can risk stoking inflation as it is tantamount to printing money.

"The Committee discussed the appropriate policy response to the combination of the weakness in the economy and the prospect of a further prolonged period of above-target inflation," it said, adding it was necessary to look beyond the period of above-target inflation.

"Attempting to bring inflation back to target sooner by removing the current policy stimulus more quickly than currently anticipated by financial markets would risk derailing the recovery and undershooting the inflation target in the medium term."

Thursday's decisions were in line with expectations and came as incoming BoE governor Mark Carney called for the bank to ready plans for a smooth eventual withdrawal of QE stimulus to avoid major disruption on markets.

Canadian central bank chief Carney -- who takes the helm from current BoE boss Mervyn King in July -- set out his views on QE before a group of cross-party lawmakers on parliament's Treasury Select Committee.

"The bank will need to design, implement and ultimately (manage an) exit from unconventional monetary policy measure in a manner that reinforces public confidence," Carney said in written testimony to the committee.

"The exit needs to be achieved without disrupting the gilts (bonds) market," he added ahead of the latest decision.

Quantitative easing (QE) involves a central bank creating cash to buy assets like government and corporate bonds, with the aim of boosting lending by retail banks and stimulating economic activity.

The BoE's main lending rate has stood at the record-low 0.50 per cent since March 2009, when it also embarked upon its radical stimulus policy.

- AFP/ck



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